74 Chestergate - Storefront FOR SALE


Macclesfield, CHS SK11 6DY
$185,000 USD
162-578-6960
74 Chestergate, Macclesfield, CHS for Sale
$185,000 USD
Storefront - FOR SALE
1/31
null | 5.41% Cap Rate

74 Chestergate
Macclesfield, CHS SK11 6DY


HIGHLIGHTS

  • PRICE REDUCED
  • Located in a prominent position in Macclesfield town centre
  • Good frontage
  • High footfall area
  • Opportunity to increase the income by re-letting the apartment
  • Macclesfield bus and railway stations approx. 10 minute walk away

OVERVIEW

An attractive retail unit with residential space above. The shop itself boasts good, prominent frontage in a prime location on Chestergate. The residential unit consists of one apartment spread over two floors and has a separate access to the rear of the building. The ground floor is currently let on a 6 year lease from 10th November 2020, at a passing rent of £10,000 per annum. The 1st and 2nd floor apartment has recently become vacant after being let on an AST to the same tenant for a number of years.

FOR SALE DETAILS

PRICE

$185,000 USD

PRICE/SF

$325 USD /SF

CAP RATE

5.41%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1912

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.02 AC

LAND SF

871 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Anthony HowcroftHallams Property Consultants LLPMore Info
162-578-6960

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Anthony HowcroftHallams Property Consultants LLPMore Info
162-578-6960

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.